President Putin: the securities of Russian companies should work for the Russians themselves He said this while speaking at the Russia Calling VTB Capital investment forum. His words are quoted by RBC.
Putin stressed that the securities of Russian companies should not only be a reliable source of funding, but also work directly for the Russians themselves and consistently generate income for those who are ready to invest in the economy “for a long time.” “In fact, we are talking about a mechanism similar to the system of insurance of bank deposits. I ask you to work out this decision, ”the president specified. “In the stock market, fluctuations and recessions are inevitable, and it is necessary to protect the interests of citizens, to guarantee their savings,” he said.
Earlier in November, the Central Bank named the main strategy of Russians trading on the stock exchange. The Financial Markets Risk Review indicated that a significant portion of the Russians who trade on the stock exchange buy and subsequently do not sell shares. Private investors have become the largest buyer in the Russian stock market – from April to September, the population's share in total net purchases (purchases minus sales) exceeded 85 percent. This dynamics shows that the demand for Russian shares from retail investors is growing. The regulator notes that Russian citizens have become the dominant force in the market and can have a significant impact on its dynamics.